Do Wall Street Analysts Know Something Hedge Funds Don't? As Nvidia's Stock Has Sold Off, They Continue to Raise the AI Giant's Earnings Estimate.

CEO Jensen Huang projects $1 trillion in GPU sales between March of this year and the end of 2027, signaling very large demand for Nvidia's AI-focused chips. Despite recent stock weakness, the company has performed well year-to-date and the $1 trillion outlook is likely to be materially positive for revenue expectations and could move Nvidia shares by several percentage points on investor reaction.

Analysis

CEO Jensen Huang projects $1 trillion in GPU sales between March of this year and the end of 2027, signaling very large demand for Nvidia's AI-focused chips. Despite recent stock weakness, the company has performed well year-to-date and the $1 trillion outlook is likely to be materially positive for revenue expectations and could move Nvidia shares by several percentage points on investor reaction.